Thermax Limited Associate Manager Salaries by 40+ Employees (Updated 2025)

14 - 22 years exp.

₹9.6 Lakhs - ₹25 Lakhs

Salary of majority employees

Fixed (93%)

₹15.4 Lakhs

Variable (7%)

₹1.2 Lakh

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7% more than the average Associate Manager Salary in Industrial Machinery Companies for 14 - 22 years of experience

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Salaries in different departments

Engineering - Software & QA Associate Manager Salary 14 - 22 years exp. (12 salaries)	Unlock ₹11.2 L/yr - ₹21.5 L/yr
Construction & Site Engineering Associate Manager Salary 15 - 21 years exp. (8 salaries)	Unlock ₹12 L/yr - ₹20.5 L/yr
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Procurement & Supply Chain Associate Manager Salary 16 - 22 years exp. (5 salaries)	Unlock ₹12.1 L/yr - ₹18.4 L/yr
Production, Manufacturing & Engineering Associate Manager Salary 18 - 21 years exp. (4 salaries)	Unlock ₹12.2 L/yr - ₹25 L/yr
Research & Development Associate Manager Salary 14 - 17 years exp. (4 salaries)	Unlock ₹9.6 L/yr - ₹14 L/yr

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Last Updated: 8 Mar 2025

Companies similar to Thermax Limited for Associate Manager

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers Associate Manager Salary 9 - 18 years exp. (236 salaries)	Unlock ₹6 L/yr - ₹16 L/yr 32% less
Siemens Associate Manager Salary 8 - 14 years exp. (18 salaries)	Unlock ₹7 L/yr - ₹21 L/yr 16% less	1 job opening
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Larsen & Toubro Limited Associate Manager Salary 7 - 15 years exp. (25 salaries)	Unlock ₹7.3 L/yr - ₹16.8 L/yr 31% less	1 job opening
ABB Associate Manager Salary 2 - 15 years exp. (5 salaries)	Unlock ₹12 L/yr - ₹19.5 L/yr 8% less
Tata Power Associate Manager Salary 2 - 12 years exp. (4 salaries)	Unlock ₹15 L/yr - ₹24 L/yr 15% more
CG Power and Industrial Solutions Associate Manager Salary 4 - 16 years exp. (15 salaries)	Unlock ₹6.5 L/yr - ₹12.2 L/yr 41% less
Blue Star Associate Manager Salary 10 - 14 years exp. (19 salaries)	Unlock ₹10.8 L/yr - ₹24 L/yr 3% less
John Deere Associate Manager Salary 5 - 15 years exp. (16 salaries)	Unlock ₹15 L/yr - ₹22.9 L/yr 14% more
EMERSON PROCESS MANAGEMENT Associate Manager Salary 4 - 17 years exp. (5 salaries)	Unlock ₹7.9 L/yr - ₹23.3 L/yr 16% less
Atlas Copco Associate Manager Salary 11 - 14 years exp. (4 salaries)	Unlock ₹22.1 L/yr - ₹26 L/yr 48% more
Danfoss Industries Associate Manager Salary 14 - 15 years exp. (3 salaries)	Unlock ₹12.9 L/yr - ₹17 L/yr 14% less
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Timken Associate Manager Salary 12 - 13 years exp. (3 salaries)	Unlock ₹9.1 L/yr - ₹9.5 L/yr 44% less

Associate Manager salary at Thermax Limited ranges between ₹9.6 Lakhs to ₹25 Lakhs per year for employees with experience between 14 years to 22 years. Salary estimates are based on 49 latest salaries received from various employees of Thermax Limited.

Latest annual salaries shared by Thermax Limited Associate Manager

5d ago

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18 years exp.

1w ago

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21 years exp.

1mo ago

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21 years exp.

1mo ago

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15 years exp.

3mo ago

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17 years exp.

4mo ago

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22 years exp.

5mo ago

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20 years exp.

5mo ago

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17 years exp.

6mo ago

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18 years exp.

7mo ago

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19 years exp.

Experience wise Thermax Limited Associate Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
14 years (7 salaries)	Unlock ₹11 L/yr - ₹18.5 L/yr
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15+ years (42 salaries)	Unlock ₹9.6 L/yr - ₹25 L/yr

Similar Designation salaries in Thermax Limited

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Project Lead Salary

(AmbitionBox Estimate)

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₹32.1 L/yr - ₹41.1 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr

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(AmbitionBox Estimate)

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₹18.9 L/yr - ₹24.2 L/yr

Senior Engineer Salary

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Lead Engineer Salary

(29 salaries)

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₹5.7 L/yr - ₹13.78 L/yr

Team Lead Salary

(18 salaries)

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₹6.8 L/yr - ₹20 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

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₹14.4 L/yr - ₹18.4 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr

Top skills at Thermax Limited for Associate Manager

Feed Process Engineering

Salary related reviews for Thermax Limited

3.7

Rated by 9 employees for salary & benefits

Lead Engineer in Prayagraj / Allahabad

Full Time

Other Department

4.0

• posted on 19 Nov 2024

5.0

for Salary and Benefits

Likes

Salary timely

Salary - Excellent

+5 more

Dislikes

Sub contractors are doing blackmailing very frequently asking always extra mone& benefits. It's necessary to construct a strict contracts in which rates at bottom level should be minimum & rates of upper floor should be higher side.

Project Manager in Pune

Project Management Department

5.0

• posted on 04 Jun 2022

1.0

for Salary and Benefits

Likes

Good experience, learn a lot from people

Work-life balance - Good

Dislikes

HR are very poor and do not help at all, Worst management , no promotion at all, no hike very less than industry standards, poor technology used, very few self learning opportunities

Salary - Bad

+3 more

Senior Engineer in Ahmedabad

Project & Program Management Department

4.0

• posted on 12 Apr 2020

3.0

for Salary and Benefits

Likes

Thermax company is very good. If you are permanent employee. But Fix term employee has so many difficulty face in ground level.

Dislikes

The work pressure is very high and compensation is very slow. At work place we have to play somany rool . Like project execution, HR, safety and commercial also.

Job security - Poor

+2 more

Shift Incharge in Kharagpur

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 04 Mar 2025

5.0

for Salary and Benefits

Likes

Safety culture is good, salary on time,

Salary - Excellent

+1 more

Dislikes

Company policy is good but site management feeling like owner of this company like shift Vechile using for personal working where suffering employee and specially on Bengal energy site on West Bengal, accommodation is so poor like they provided specially on Bengal energy,need to continue shift due man power shortage

Skill development - Poor

+2 more

Facility Manager in Bidar

Full Time

Energy & Mining Department

4.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Good atmosphere for working I am trying to rejoin the Thermax group in Karnataka. I did not any idea of promotion and salary hike

Salary - Excellent

+2 more

Dislikes

Third party contractor like casual labour issue I discuss with our superior persons and also contractor but not resolve the issue

Job security - Bad

+2 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Thermax Limited Associate Manager Salary FAQs

What is the salary of Associate Manager at Thermax Limited?

Associate Manager salary at Thermax Limited in India ranges between ₹9.6 Lakhs to ₹25.0 Lakhs for experience between 14 years to 22 years. According to our estimates it is 7% more than the average Associate Manager Salary in India. Salary estimates are based on 49 latest salaries received from various employees of Thermax Limited India.

How does the salary of a Associate Manager at Thermax Limited India compare with the average salary range for this job?

The average salary of a Associate Manager at Thermax Limited is 7% more than the average salary of a Associate Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Associate Manager at Thermax Limited?

Feed and Process Engineering are some of the popular skills required to work as a Associate Manager at Thermax Limited India.

Which similar companies are paying more than Thermax Limited to a Associate Manager in India?

Atlas Copco Associate Manager Salary - ₹22.1 Lakhs to ₹26.0 Lakhs per year
Tata Power Associate Manager Salary - ₹15.0 Lakhs to ₹24.0 Lakhs per year
John Deere Associate Manager Salary - ₹15.0 Lakhs to ₹22.9 Lakhs per year

What is the salary of a Associate Manager in companies similar to Thermax Limited in India?

Blue Star Associate Manager Salary - ₹10.8 Lakhs to ₹24.0 Lakhs per year
ABB Associate Manager Salary - ₹12.0 Lakhs to ₹19.5 Lakhs per year
Danfoss Industries Associate Manager Salary - ₹12.9 Lakhs to ₹17.0 Lakhs per year
Siemens Associate Manager Salary - ₹7.0 Lakhs to ₹21.0 Lakhs per year
EMERSON PROCESS MANAGEMENT Associate Manager Salary - ₹7.9 Lakhs to ₹23.3 Lakhs per year

What is the estimated take home salary of a Associate Manager at Thermax Limited in India?

The estimated take-home salary of a Associate Manager at Thermax Limited ranges between ₹1,12,693 per month to ₹1,15,825 per month in India. The take-home salary calculation is based on the average Thermax Limited Associate Manager salary in India which ranges between ₹9.6 Lakhs to ₹25.0 Lakhs per year for employees with experience between 14 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Associate Manager at Thermax Limited?

According to AmbitionBox, 85% of the Thermax Limited Associate Managers reported a notice period of 3 Months, 9% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

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Thermax Limited Associate Manager Salaries

Thermax Limited Associate Manager salary in India ranges between ₹9.6 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 49 Thermax Limited latest salaries received from various employees of Thermax Limited.